Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer’s dream under the city’s new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge’s dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge’s progressive community and capitalize on the city’s push for sustainable urban growth. An iconic development opportunity.
- Parking:
- Off Street
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 166
- Parking Spaces:
- 2
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $504
- Zoning:
- C-1
- No Units:
- 2
- Orig Price:
- $3,995,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Cambridge
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02139
- Longitude:
- W72° 54' 0.2''
- Latitude:
- N42° 22' 9.1''
Residential Income
305 Broadway, Cambridge, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,995,000
- Bedrooms :
- 2
- Rooms :
- 10
- Total Bathrooms :
- 2.5
- Full Bathrooms :
- 2
- Half Bathrooms :
- 1
- Square Footage :
- 7,576 Sqft
- Year Built :
- 1840
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73432171
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
